Building in Saxony more expensive than a year ago

Construction has become more expensive in Saxony. In February, construction prices were on average 2.8 percent higher than a year earlier, according to the Saxony State Statistical Office. Prices for finishing work rose by 3.8 percent, while painting and varnishing work increased by 7.1 percent. The price increase was lower for shell construction work, for which builders had to accept a 1.4 percent rise in prices.

According to the statisticians, a new residential building was on average 1.1 percent more expensive in February than in November 2024.